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Halifax admits multi-million pound insurance charging error to the FSA

Halifax is writing to 200 000 customers to let them know that an incorrect amount was collected from their bank account to pay their monthly home insurance premium. This was due to a technical error which has been rectified.

The bank said it impacted some of those customers who add their insurance premium to their mortgage and who pay a single monthly mortgage and insurance payment. The Financial Services Authority has

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Tesco Law and the insurer legal services revolution that never was

Content Director's View: More than a decade ago many insurers could not wait to seize the opportunities afforded by a change in the law that allowed them to set up their own legal services arms. Jonathan Swift reflects on what happened next - and the prospect of a one-stop-shop claims provider in the future.

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